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Benson Toti

Ethereum Drops Below $2,700 as $400 Million in Positions Liquidated

Ethereum fell more than 10% on November 21, 2025, declining from $3,039 to approximately $2,660 and breaching the $2,700 level. The decline triggered roughly $400 million in leveraged ETH position liquidations within 24 hours, with long positions accounting for about $374 million of the total. Nasdaq-listed Bitmine purchased an additional 17,242 ETH valued at $44.46 million during the downturn, bringing its total holdings to around 3.62 million ETH.

Ethereum Falls Below $3,000 to $2,940 as Selling Pressure Intensifies

Ethereum dropped more than 7% in 24 hours, breaking below the $3,000 level to reach $2,940. The decline reflects broader cryptocurrency market weakness, with analysts cautioning that sustained selling could push ETH toward $2,300 despite recent institutional purchases by BitMine.

Chainlink Drops Over 10% to Below $14 as Bitcoin Falls to $95,860

Chainlink fell more than 10% to $14.08 during Friday's early US trading session as broader cryptocurrency markets faced selling pressure. The decline coincided with Bitcoin dropping below $96,000 to touch $95,860, according to CoinMarketCap data. LINK has lost 25% over the past 30 days, with market capitalization at $9.76 billion and 24-hour trading volume surging 43% to approximately $1.2 billion.

Zcash Falls 25% Below $500 as Market Cap Drops Over $3 Billion

Zcash declined 25% in 24 hours on November 11, dropping below $500 to reach intraday lows of $476. The selloff eliminated more than $3 billion in market capitalization, while daily trading volume surged 156% to $5.14 billion. The decline reversed gains from a rally that had pushed ZEC to $744 in early November.

Avalanche (AVAX) Eyes $20 After US Treasury ETF Staking Guidance

Avalanche (AVAX) traded at $17.75 on November 10, 2025, approaching the $20 resistance level as the US Treasury and IRS issued Revenue Procedure 2025-31. The guidance establishes tax safe harbor for cryptocurrency ETFs engaging in staking activities. Proof-of-stake networks including Ethereum, Solana, and Avalanche stand to benefit from the regulatory clarity addressing institutional participation in staking operations.

HBAR Tests $0.20 Resistance as Hedera Rallies 14% in 24 Hours

Hedera's HBAR token surged over 14% within 24 hours to reach $0.19, approaching the critical $0.20 resistance level. The rally coincided with broader cryptocurrency market gains following a US Senate agreement to avert a government shutdown, which restored investor confidence across risk assets.

Ripple Raises $500 Million at $40 Billion Valuation

Ripple closed a $500 million funding round on November 5, 2025, at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities. Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace joined the investment. The financing represents one of the largest private rounds in the blockchain sector this year.

Bittensor TAO Token Surges 18% to $490, Topping Daily Crypto Gains

Bittensor's TAO token has risen 18% to $490, leading daily cryptocurrency gainers. The advance follows the October 29 launch of the world's first staked Bittensor Exchange Traded Product by Deutsche Digital Assets and Safello. TAO maintains a market capitalization of $4.69 billion, remaining the largest AI-focused token by this measure.

AI16Z Rallies 11% After Binance Announces Token Swap to ELIZAOS

AI16Z climbed more than 11% over 24 hours to $0.069 following Binance's announcement supporting the token swap to ELIZAOS. The exchange will suspend AI16Z trading on November 6, 2025, at 10:00 UTC to execute the conversion at a 1:6 ratio. ELIZAOS trading will begin on November 7, 2025, at 14:00 UTC.